Asia-Pacific Markets - Latest Developments


Germantown, MD, December 6, 2019

Hughes Network Systems and Al Yah Satellite Communications Company (Yahsat), a satellite operator based in the United Arab Emirates and wholly owned by Mubadala Investment Company, today announced the commencement of a joint venture to provide satellite broadband services in Brazil. Now operational under the established Hughes do Brasil name, the new venture combines Hughes decades of experience delivering satellite networks and services in Brazil with Yahsat’s strong position and capabilities in the region.

New York City, NY, December 4, 2019

ViacomCBS Inc. (Nasdaq: VIACA, VIAC) (“ViacomCBS”) today announced the completion of the merger between CBS Corporation and Viacom Inc. The combined company, which is renamed ViacomCBS, creates a premium content powerhouse with global scale, including leading positions in markets across the U.S., Europe, Latin America and Asia.

Melville, NY, December 4, 2019

Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the first fiscal quarter ended October 31, 2019 and updated its fiscal 2020 guidance.  Net sales for the first quarter of fiscal 2020 were US$ 170.3 million as compared to the US$ 160.8 million achieved during the first quarter of fiscal 2019, representing an increase of $9.5 million, or 5.9%.

Fiscal 2020 First Quarter Highlights

Boulder,Colo., December 4, 2019

Small satellite manufacturer and mission services provider Blue Canyon Technologies (BCT) has purchased leading RF antenna manufacturer, Antenna Development Corporation (AntDevCo).

Kourou, French Guiana, November 26, 2019

 ariane-250th-launch.jpgFor its fourth and final mission of the year, Ariane 5 placed two communications satellites in geostationary transfer orbit (GTO), lifting off from the European spaceport in Kourou (French Guiana) the Egyptian satellite TIBA-1 and Inmarsat GX5. It was launch No.

Melville, NY,  November 21, 2019

Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that it has entered into an agreement to acquire UHP Networks Inc.  a leading provider of innovative and disruptive satellite ground station technology solutions, for a purchase price of approximately US$ 40.0 million. Founded in 2005, UHP is based in Canada and has developed revolutionary technology that is transforming the Very Small Apert ure Terminal (VSAT) market.

Sharm El-Sheikh, Egypt, November 20, 2019

 WRC-2019 logo_258x88_0.pngThe 38th ITU World Radiocommunication Conference (WRC-19) has adopted a new innovative milestone-based regulatory approach for the deployment of non-geostationary satellite orbit (NGSO) satellites in specific bands and services.

Petah Tikva, Israel, November 19, 2019

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) today reported its results for the third quarter ended September 30, 2019. GAAP Operating Income Increases 43.1% sequentially; Adjusted EBITDA reaches double digits totaling US $10.1 million.

Key Financial Highlights:

London, UK, November 19, 2019

The GVF-C21 Partnership has announced details of the opening keynote addresses to be given at the HTS Roundtable: GEOs, MEOs, LEOs – Enabling a Brave New World on 2nd December 2019 at ETC Venues-St Pauls, 200 Aldersgate, London EC1A 4HD.

Singapore, November 8, 2019

The Asia Video Industry Association (AVIA) welcomed over 500 senior video executives to the Asia Video Summit, held at the Ritz Carlton, Millenia, Singapore from 4 – 6 November. The summit continued to address the State of the Video Industry focusing on five key themes – business models, advertising, human capital, news and policy, some of the most pressing issues the industry faces today.